This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. If Hi Phi ... (Read 81 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Apr 19, 2019

Question 1

Stereo Sound Unlimited has a monopoly over the installation of surround sound systems. If Stereo Sound Unlimitedʹs total revenue from installing 10 sound systems is $20,000 and its total revenue from installing 11 sound systems is $19,000, what is the marginal revenue of the eleventh sound system?


◦ -$2,000
◦ -$1,000
◦ $2,000
◦ $3,800

Question 2

Hi Phi Sound Unlimited has a monopoly over the installation of surround sound systems. If Hi Phi Unlimitedʹs total revenue from installing 20 sound systems is $30,000 and its total revenue from installing 21 sound systems is $30,800, what is the marginal revenue of the twenty-first sound system?


◦ -$1,500
◦ -$700
◦ $800
◦ $1,467
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jenna1 on Apr 19, 2019

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


jenna1

  • Member
  • Posts: 568
Reply 2 on: Apr 19, 2019
:D TYSM

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Spectral Line Motion in Binary Star Systems Spectral Line Motion in Binary Star Systems
How We Localize Sound How We Localize Sound
In a developmental systems approach, the emergence of social smiling at 6 to 8 weeks of age is not ... In a developmental systems approach, the emergence of social smiling at 6 to 8 weeks of age is not ...
EHR systems enable providers to view patient records across organizations. EHR systems enable providers to view patient records across organizations.
Major Wind Systems: Foehn, Chinook, and Santa Ana Winds Major Wind Systems: Foehn, Chinook, and Santa Ana Winds
Artesian Systems Artesian Systems
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library